Trade Finance magazine says TRE is “delivering a more efficient working capital financing tool through which corporates can access short term funding.

The Economist focuses on The Receivables Exchange as a key innovation in business financing, enabling buyers to "make judgments on individual debtors and diversify their holdings" while helping companies get the funding they need.

The Receivables Exchange won the 2011 Best in Biz Bronze Award for Small or Medium Business Product of the Year.

The Wall Street Journal covers The Receivables Exchange one year after we won the publication's 2010 innovation award in the E-Commerce category. The article reports on the growth of the CRP program, launched in September.

Nic Perkin and Justin Brownhill are profiled in the October issue of New Orleans Magazine as co-founders of the “groundbreaking” company The Receivables Exchange.

A column in Forbes.com says that The Receivables Exchange is one of the biggest successes to come out of Finovate Fall 2011, having just embarked on a joint strategic initiative with NYSE Euronext.

The Wall Street Journal reports that NYSE Euronext has purchased a minority stake in The Receivables Exchange in order to boost its role in helping companies secure short-term funding.

The New Orleans Times-Picayune reports on the joint strategic initiative with NYSE Euronext and calls the Exchange a “model for business development in New Orleans.”

The Receivables Exchange’s Co-Founders Nic Perkin and Justin Brownhill discuss the launch of the Corporate Receivables Program (CRP) in association with NYSE Euronext, and explain how CRP is a smart liquidity solution for NYSE-listed companies and other large firms.

Receivables Exchange Co-Founder Nic Perkin talks with Bloomberg Television’s Margaret Brennan about the benefits of the joint strategic initiative with NYSE Euronext.

NYSE Euronext has acquired a minority stake in The Receivables Exchange (TRE), an online marketplace for US receivables sales.

The company that runs the New York Stock Exchange has taken an ownership stake in The Receivables Exchange, and the two exchanges announced Tuesday a joint program to offer trading in corporate accounts receivable.

NYSE Euronext (NYX) acquired a minority stake in the Receivables Exchange as part of a plan to increase its role helping companies get short-term funding.

SmartBlog on Finance interviews Nic Perkin on how The Receivables Exchange can help small businesses manage their finances.

The Receivables Exchange was featured in an article in Treasury & Risk. The article says the Exchange is more flexible than traditional financing options, and that Sellers can lower their cost of capital by 30 percent.

The Receivables Exchange's co-founders were again named to Institutional Investor magazine’s annual “Tech 50” List, which honors the most “disruptive” figures in the financial technology sector.

“Since the Exchange opened in 2008, it has registered 1,200 businesses to sell their invoices; 75 buyers, including banks and hedge funds, have signed on to bid on them.”

The Receivables Exchange is featured in an article in Euromoney, which explains how Sellers on the Exchange have lowered their cost of capital by 30%, on average, with some seeing a 50% decrease in cost.

CFO.com profiles The Receivables Exchange in an article on innovative services that help companies turn invoices into cash quickly and easily. The article says that such services are “growing in popularity” and cites The Receivables Exchange's remarkable five-fold growth in the last year.

The Receivables Exchange is a solution for companies whose customers are extending terms and whose suppliers are pushing for quicker payment. Business owners -- including Joe Reini of Mason-Grey, Corp. -- are speeding up their cash flow by selling receivables on the Exchange.

Many economists believe that small businesses are the key to economic recovery, but as SMBs shift into growth mode, the question becomes where will they find the capital to fund that growth? Justin Brownhill and Nicolas Perkin, co-founders of The Receivables Exchange, believe the answer lies in an underutilized asset on most small businesses' balance sheets: accounts receivable.

In a distressed capital market, every asset can be a path to alternative financing--even your company's receivables. That's the notion behind The Receivables Exchange: The New Orleans firm allows companies with at least $2 million in revenue to offer their accounts receivable for sale in an auction format to prospective buyers.

The New Orleans building once proposed as a home for City Hall will soon become the headquarters of The New Orleans Receivables Exchange and, in the process, will take on the company's name, the head of the Receivables Exchange and the owner of the building said.

Chevron Place, which has gone by City Centre since Kingfish Development LLC purchased it from the oil company last year, will soon become The New Orleans Exchange Centre.

MSNBC-TV looked to The Receivables Exchange for their “Where’s the Money” segment of the network’s weekly “Your Business” TV show which helps small and midsize businesses. Host JJ Ramberg interviews Nic Perkin on how online receivables financing is being embraced as a mainstream flexible source of affordable capital.

The Wall Street Journal named The Receivables Exchange as a 2010 winner for its WSJ Technology Innovation Awards. The Exchange was chosen for the way it is transforming business financing by creating an efficient and affordable capital marketplace for small and mid-size businesses.

Nic Perkin wants to turn New Orleans into a major financial center.New York has its stock exchange. Chicago has its Mercantile Exchange. And New Orleans now has something called The Receivables Exchange.

The Receivables Exchange was included in a story on TheStreet.com about entrepreneurship and New Orleans recovery.

Scott Cohn interviews Nic Perkin about the rapid growth of The Receivables Exchange since its launch in 2007. CNBC calls the Exchange a “Why didn’t I think of that?” business that’s among the innovative companies leading the entrepreneurial rebirth of New Orleans five years after Hurricane Katrina.

Aided by generous tax incentives, new businesses and entire industries are opening up in New Orleans. They include the Receivables Exchange, an electronic marketplace that allows businesses large and small to sell outstanding invoices to hedge funds rather than wait for payment. The exchange is booming, aided by a receptive business environment in post-Katrina New Orleans, said president and founder Nic Perkin.

Crain’s NY Business Journal discusses how companies are embracing online receivables financing as an affordable way to drive growth.

Crain's Chicago Business Journal talks about how The Receivables Exchange has "enabled the creation of a digital receivables auction in which borrowers set their terms and Buyers compete to meet them, turning receivables financing from a buyer's market into a seller's market.

The Louisiana Exchange Sale of Receivables Act addresses an emerging financial trend, in which an institution brokers the sale of accounts receivable between two companies.

The Receivables Exchange Named to Institutional Investor ‘Top 40 Innovators’ annual list. Our game-changing online marketplace was named alongside financial services heavyweights JPMorgan Chase, Bank of America, Bloomberg and many other national and international brands.

When Matt Minoff became CEO of the online video advertising network Nabbr about a year ago, the company was being pinched in its role as middleman between the publishers of youth-oriented websites and the advertisers Nabbr matches them with.
 

In a segment on Bloomberg TV’s “Venture,”  host Cris Valerio spoke with the Exchange’s co-founder and president, Nic Perkin, about lessons he learned as a serial entrepreneur, and how he applied those lessons to create an entirely new platform for real-time receivables trading.

Accounting Today discusses how small business lending remains tight and includes The Receivables Exchange as a “new source” of capital, citing our 66% March growth as evidence of SMB appetite for alternative funding sources.

Looking for stable, short-term investments, banks are starting to purchase corporate accounts receivable from small businesses through an online auction site called the Receivables Exchange.

Nicolas Perkin, President & Co-Founder of The Receivables Exchange, was interviewed for the Bloomberg News Small Business Radio report. In this piece, Nic discusses the tremendous growth of TRE and the flexible source of capital TRE is bringing to small and midsize businesses.

The Receivables Exchange is introduced as a new financing market and ray of hope for small businesses impacted by the decline of traditional small-business finance and the extended terms of their larger customers.

The Receivables Exchange is an online bidding platform that offers faster remittances and access to pools of cash, such as hedge funds and other private money.

Fast Company covered the flourishing startup community that is reshaping the New Orleans economy. The Receivables Exchange is noted as being at the forefront of this innovation boom as the startup that everyone is talking about in New Orleans and beyond.Why You Should Start a Company in... New Orleans

With banks unwilling to lend to any but the most credit-worthy businesses, small businesses are increasingly turning to asset-based lending as a source for capital to fill orders and expand.

The Receivables Exchange has created an online marketplace for small businesses to access upfront cash in exchange for future receivables.

By Wall Street standards it was a small deal. But when, last week, Bain Capital's venture arm led a consortium that injected $17m into Receivables Exchange, a two-year-old New Orleans-based financial company, it encapsulated one of the biggest economic challenges facing the US.

Here’s another finance-related startup to add to the list: The Receivables Exchange, which lets small businesses trade their accounts receivable to cover short-term cash needs. The company raised $17 million in a third round led by Bain Capital Ventures this week.

A New Orleans-based online receivables trading post has closed on $17 million in financing from a group of venture capital firms.

Bain Capital Ventures, the Boston-based venture capital affiliate of Bain Capital, announced an investment in a New Orleans-based company that is helping small businesses turn their cash flow so they can grow and create jobs.

The Receivables Exchange announced that it has closed $17 million in Series C financing led by Boston, MA-based Bain Capital Ventures, with prior investors Redpoint Ventures and Prism Ventureworks participating.

Early last winter, Joe Reini had an experience that’s become more and more common among small business owners. Reini, president and founder of  15-employee Mason/Grey, an IT systems integration firm, approached the bank he’d worked with for the seven years he’d been in business for a line of credit to help with payroll—and got turned down.

The Receivables Exchange enables businesses with at least $2 million in annual revenue to sell their invoices to institutional investors for between 97 and 99 cents on the dollar.

The latest issue of Fast Company magazine highlights a unique group of financial startups, including The Receivables Exchange, that are embracing transparency and improving customer service. David Lidsky of Fast Company discuss the trend.

Finally, Ariba offers suppliers the ability to auction their receivables through The Receivables Exchange. As the title of this service implies, a supplier posts information on a receivable it’s holding on the Exchange. The firms that supply capital to the Exchange, such as hedge funds and banks, can bid for the receivable and buy it before it’s due.

Watch as Nic Perkin, President and Co-founder of The Receivables Exchange, talks about the redevelopment of New Orleans and why the Exchange chose to locate in New Orleans.

The founders of The Receivables Exchange, an electronic marketplace for the buying and selling of commercial receivables, decided New Orleans had the identity their company needed to thrive.

With an innovative business model designed to assist small and mid-sized businesses in need of immediate cash flow, the economic downturn nationwide has actually worked to the benefit of The Receivables Exchange.

The Receivables Exchange is an online exchange for trading in receivables which has much the same functionality as eBay and is attracting trades from a variety of investors.

The Receivables Exchange executives describe it as eBay for receivables. The Receivables Exchange provides the platform for companies like Data Drive Thru to post their invoices.

Live since December, The Receivables Exchange is an online bidding platform that touts greater control, faster remittances, wider access to global buyers, lower transaction costs, more transparency, and less documentation than other methods. It will accommodate amounts as low as $10,000.

The Receivables Exchange is another perfect example of a game-changing product, plugging small and medium local companies requiring working capital into the global financial system and pairing them with cash rich but investment-shy hedge funds, investment firms, insurance companies around the world.

The Receivables Exchange, a New Orleans company that runs an online marketplace for real-time trading of accounts receivable, has closed a $7.75 million financing round through Redpoint Ventures, with reinvestment from Prism Ventureworks.

Watch as TRE Seller Jack H. Karamanoukian, of Quorum Technical Services, a leading executive level staffing company, explains how the Exchange is helping his company weather the credit crisis. Nicolas Perkin, President of The Receivables Exchange, discusses how the Exchange has been serving as a flexible and efficient source of working capital for small and mid-sized businesses.BBC TV: The Receivables Exchange Offers Small Business Financing Option

FinovateStartup09, the annual springtime technology event in the San Francisco Bay area, announced the first wave of young companies committed to participate on April 28. This list includes The Receivables Exchange.

The spending management provider Ariba Inc. hopes to improve access to financing for its network of corporate users through a partnership with The Receivables Exchange.

The Receivables Exchange went live Monday. All it took was booting up a computer and a few mouse clicks to activate the world’s first online accounts receivable trading block.

Businesses getting pinched by the credit squeeze can now tap a new source of cash — by selling the money owed to them by other companies.

CFOs are paying close attention to both the payment terms their suppliers are demanding and the credit terms of their customers.

Three years after Katrina, the nation's most expensive hurricane, which cost insurers an estimated $44 billion, came Gustav. As if New Orleans needed its rebuilding project to get any harder. And yet, there’s hope.

BusinessWeek says SMBs are likely to get more competitive financing rates on The Receivables Exchange, and there are also no minimum post amounts.

The world’s first online accounts receivable trading platform — based in New Orleans — plans its public launch in November.

The Receivables Exchange announced its Charter Member program has surpassed $500 million in accounts receivable turnover since commencing its sales initiatives two months ago.

There's a new way to sell receivables: on an exchange. Keith Voigts has cash flow on his mind. As CFO of iSeatz, Voigts needs to make sure the $5 million company has enough cash to pay the bills. But New Orleans-based iSeatz, which arranges travel packages for clients like Orbitz and Travelocity, has no collateral for a bank loan. And its customers sometimes take 90 days to pay up. Voigts has considered factoring--selling the company's receivables at a discount to get cash up-front. In the past, however, he has always avoided it because of its high costs and bad reputation. "I wouldn't say it's a shady business, but there's a stigma to it," he says.

Entrepreneurs are finding fertile ground for new ventures they think will help bring the devastated city back to life.

USA Today reports on the founding of The Receivables Exchange and the entrepreneurial rebirth of New Orleans.